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robert peebles

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robert peebles

Re: stocks2012 post# 496954

Friday, 01/25/2019 12:47:10 AM

Friday, January 25, 2019 12:47:10 AM

Post# of 868770
No.....the companies would have to probably authorize and increase in shares authorized first, but, they would do a "secondary offering" of new stock.

The stock is going to gravitate to a price that smart money believes the market valuation makes sense. Then the companies will sell shares to institutional investors at or near that stock price.

The companies will first reapply for NYSE listing,,,and they will be a main stock holding for most all large cap mutual funds.
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